# PPP loan: YOUTH DEVELOPMENT, INC.
> **$3.75M** approved 05/01/2020 · Exemption 4 · Loan `8087367300`
## Borrower
- **Name:** YOUTH DEVELOPMENT, INC.
- **Address:** 6301 Central Ave., NW, ALBUQUERQUE, NM, 87105-2036
- **NAICS:** 624110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.75M
- **Initial approval:** $3.75M
- **Forgiven:** $3.48M (93%)
- **Forgiveness date:** 07/30/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.75M
- **Jobs reported:** 450
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*